Dear all,
I have 2 questions and I hope I’ve posted them in the right place.
- I’ve just started using the Wizard to create a very simple trading bot and I am in the midst of going through the Training Program (Part 1).
I would like to seek your opinions if I should pay $95 to proceed with the advanced program course or are there any other sources of information that can help me further build my system?
- I would like my current trading system to stop/pause trading for the day once it hit a 1% target return per day on capital and continue after a stipulated time. Is this doable in ProRealTime and could someone advice any source code for this?
Thank you for your time.
Learning in Progress…
I don’t know that corse. Actually I don’t know of any course.
You know your current level and have read any description, so I thinkyou may decide. Maybe someone who has taken that course may help you further.
As for the code, there you go:
ONCE MyCapital = 10000 //10000 units of your account
ONCE PerCent = 1 //1%
ONCE TradeON = 1
ONCE MyProfit = 0
ONCE MyLimit = MyCapital * PerCent / 100
IF IntraDayBarIndex = 0 THEN
TradeON = 1 //enable trading each new day
MyProfit = StrategProfit
ENDIF
IF (StrategyProfit - MyProfit) >= MyLimit THEN
TradeON = 0 //disable trading after earning PerCent
ENDIF
MyLongConditions = Not OnMarket AND close CROSSES OVER Average[10,0](close)
IF MyLongConditions AND TradeON THEN
BUY 1 Contract at Market
SET STOP pLOSS 20
SET TARGET pPROFIT 60
ENDIF
Thank you.
Apologies, can I trouble you to explain this part of the code? Is this a code instruct a buy order with stop loss at 20 pips and profit at 60 pips?
MyLongConditions = Not OnMarket AND close CROSSES OVER Average[10,0](close)
IF MyLongConditions AND TradeON THEN
BUY 1 Contract at Market
SET STOP pLOSS 20
SET TARGET pPROFIT 60
ENDIF
I don’t know that corse. Actually I don’t know of any course.
Maybe you do … In the attachment shows one example. There are more to be found in the Market Place.
fxhunter, if I were you I would start with this boat load of videos : https://www.prorealtime.com/en/videos_tutorial
(but pick the ones you think you need)
That should keep you busy. 🙂
PS: There’s a small typo in Roberto’s example on line 8 :
MyProfit = StrategProfit
// should be
MyProfit = StrategyProfit
can I trouble you to explain this part of the code? Is this a code instruct a buy order with stop loss at 20 pips and profit at 60 pips?
Lesson #1 : The code (any code) is called once per close of bar. The length of the bar (the TimeFrame) can be chosen by yourself. Thus if you have 5 minutes bars, this code is automatically executed each start of a next 5 minute frame.
Thank you.
Actually I was referring to this,, https://www.prorealcode.com/courses/prorealtime-advanced-programming/ because i would like to learn how to code what I would like to see in the system.
In the event, I give up, I am ready to do this. https://www.prorealcode.com/trading-programming-services/
Thanks for clarifying the typo.
haha! :):):)
Actually I was referring to this,, https://www.prorealcode.com/courses/prorealtime-advanced-programming/ because i would like to learn how to code what I would like to see in the system.
Haha, yes, that is the same as the one I referred to. The author is the same as the person hosting this website (Nicolas) so it is always advisable (says me).
But those videos I linked to are also from him … as far as I know …
And if everybody starts to follow such courses, Roberto may have some more free time. 🙂
(although it will be what he likes to do – pulling all those coding examples from his sleeve)
Actually I was referring to this,, https://www.prorealcode.com/courses/prorealtime-advanced-programming/ because i would like to learn how to code what I would like to see in the system.
Haha, yes, that is the same as the one I referred to. The author is the same as the person hosting this website (Nicolas) so it is always advisable (says me).
But those videos I linked to are also from him … as far as I know …
And if everybody starts to follow such courses, Roberto may have some more free time. 🙂
(although it will be what he likes to do – pulling all those coding examples from his sleeve)
Great. I’m gonna go through that.
I’m starting clueless…… long road ahead.
Hi there,
I need some help with the code to pause the trading bot for the day once 2 Stop limit is hit within 1 trading day.
I did find the something relevant but i don’t think that’s really want i need. https://www.prorealcode.com/topic/pause-system-after-2-losses/
Let me know if i should have started a new thread for this.
Just to confirm my understanding, codes to pause the trades after hitting 1% and after hitting 2 stop limit, should be placed before the buy/sell conditions since systems read codes sequentially?
